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workers are protesting the government's austerity measures. government officials submitted a draft of the 2013 budget yesterday that calls for a new wave of deep cuts which will save $10 billion next year. workers will protest proposed cuts to salaries, pensions and other benefits. last week, 50,000 people in athens demonstrated against austerity. wages in china are going up - by some estimates, about 17% a year. it is providing china's growing middle class with more money to buy goods, though inflation is not helping. but it may also drive up the cost of making some of those products there, as well. in our cover story, who gains as china's employee base moves up? despite china's present economic slowdown, the story of its workforce recently has been of migration from farm to factory. 25 million made the move in 1990. last year, that figure grew to 158 million. it has increased china's productivity and competitiveness. but lately, that workforce is demanding more. "they increasingly learn that there's a big gap in what they earn and some other
workers are protesting the government's austerity measures. government officials submitted a draft of the 2013 budget yesterday that calls for a new wave of deep cuts which will save $10 billion next year. workers will protest proposed cuts to salaries, pensions and other benefits. last week, 50,000 people in athens demonstrated against austerity. wages in china are going up - by some estimates, about 17% a year. it is providing china's growing middle class with more money to buy goods, though...
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Oct 2, 2012
10/12
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government. jpmorgan stock closing up 1.2%. and "new york times" says u.s. senate will try to use the lame duck session to reach a comprehend len sif deal to cut the deficit instead of a short term solution. lawmakers will reportedly agree on a specific target likely around $4 trillion over ten years and they would vote to put off the automatic tax hikes and spending cuts set to take effect in january. but with the deficit coming down payment to signal how serious they are. jim, how sdw this get resolved? >> well, i haven't heard that sister, but that's what we've been picking up, that in the background of all these guys working on the deal already. soon after the election, our best guess is that there will be one. not too different from that story actually. >> qe-3 meanwhile, how does that play? does that continue to support lift asset prices? how do commodities get in the wash between slowing chinese growth and fed action? >> that's a good question. because i think it's a big one. i think we're
government. jpmorgan stock closing up 1.2%. and "new york times" says u.s. senate will try to use the lame duck session to reach a comprehend len sif deal to cut the deficit instead of a short term solution. lawmakers will reportedly agree on a specific target likely around $4 trillion over ten years and they would vote to put off the automatic tax hikes and spending cuts set to take effect in january. but with the deficit coming down payment to signal how serious they are. jim, how...
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Oct 1, 2012
10/12
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CNBC
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the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful lot of money sitting on the seed lines us a was noted back in an article back in july/august. almost 44% of the total value is held at cash in company coffers. this money needs to get spent. needs to get spent expenditures, hiring new staff. sitting in the bank is not helping anybody. >> who is spending shall steel makers, equipment makers more gloom about business conditions, sentiment deteriorating sharply. they expect domestic demand to falter, as well. in that mood, they won't be spending anymore money, are they? >> well, again, as the survey had indicated, some of the larger manufacturers are amongst the m
the january p sneeze government does not want this to grow out of control, nor does the chinese government. tension certainly is rising and the man on the street is feeling passion about this issue. that's understandable. in the medium to long term, both governments want this to tone down and it will. >> let's hope that pans out. meanwhile all this cash that companies have, you were just talking about this, do you expect cap ex to continue to pick about up? >> i do. there's an awful...
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Sep 26, 2012
09/12
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CNBC
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long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at the start of the year the two were going in opposite directions as we usually see. we had flare-ups. they started to converge, come back. we did what we normally do, diverged again. look at the far right, they are coming back together. people get scared, sell stocks and buy bonds. is that what's going on here? let's get rick santelli's take on it. rick? >> i think you nailed it. i think there is a bit of a water balloon metaphor or analogy to this as well. the federal reserve has a giant water balloon and they are trying to manage it. that represents al
long dated government bonds are being bought big time. the ten-year yield has now fallen eight straight sessions. last time that happened was in january of 2008. it smells a bit of fear. here's what's going on. stocks are telling a different story. stocks and bonds generally go in different directions. but the blue line is the s&p 500. we have been up, down, up again. the light green -- yellow, seahawks green, whatever you want to call it -- is the price of the ten-year fretreasury not. at...
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Oct 1, 2012
10/12
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WUSA
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pelley: good evening, and we could add happy new year, because this is the first day of the federal government's new fiscal year. but there's not much to celebrate because the nation is headed toward what's being called the fiscal cliff and there are dire new warnings today about what will happen to american families unless congress and the president reach a budget deal by december 31. that is the day that a series of tax cuts will expire and big cuts in federal spend will take hold. tax experts said today 90% of american families are facing what they call unprecedented tax increases. how much? wyatt andrews is in washington tonight. wyat >> reporter: scott, according to the non-partisan tax policy center, the united states is now on the threshold of one of the largest tax increases in history-- a tax hike that could average $3,500 for every american household. without action by congress, the report says, taxes will go up next year by 20%-- $536 billion overall and will hit americans at every income level, including those living below the poverty line. for a middle-income family making $40,000 a
pelley: good evening, and we could add happy new year, because this is the first day of the federal government's new fiscal year. but there's not much to celebrate because the nation is headed toward what's being called the fiscal cliff and there are dire new warnings today about what will happen to american families unless congress and the president reach a budget deal by december 31. that is the day that a series of tax cuts will expire and big cuts in federal spend will take hold. tax...
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Sep 26, 2012
09/12
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government. one day after the u.s. said it had complied with the wto requirement, eu officials rejected the claim and said they would appeal again to the trade organization. this marks the latest chapter in an ongoing battle with the u.s. also pursuing the eu over air bus subsidies. >>> in japan, they have chosen a nationalist talk to lead it into upcoming elections. if former prime minister won the leadership in a second round lineup. he had been the most vocal candidate in calling for a harder start against beijing in ongoing territorial disputes. he's also pushed bank of japan to take more action on the economy. >>> continued anti-japanese tension in china is forcing japan's top auto makers to put the brakes on production. here is the story live from tokyo. >> reporter: the decision comes as growing anti-japan sentiments slow sales of japanese cars in the mainland. toyota's original plan was to shut down its main plant for national holidays starting sunday, but the auto maker has decided to sloez the plant four days
government. one day after the u.s. said it had complied with the wto requirement, eu officials rejected the claim and said they would appeal again to the trade organization. this marks the latest chapter in an ongoing battle with the u.s. also pursuing the eu over air bus subsidies. >>> in japan, they have chosen a nationalist talk to lead it into upcoming elections. if former prime minister won the leadership in a second round lineup. he had been the most vocal candidate in calling...
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Oct 2, 2012
10/12
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WUSA
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will the spanish government have to be bailed out. >> the spanish government is taking very, very courageous measures. whether you look at bank restructuring, whether you look at structural reforms to make to make the spanish economy agile, flexible, able to capture growth, to help people create jobs. they're also taking some fiscal measures in order to reduce their deficit so all of that is hard. but it's courageous. and it needs to be supported. >> pelley: christine lagarde, managing director of the international monetary fund. late today secretary of state hillary clinton said she put together a commission to investigate the attack on the u.s. consulate in benghazi, libya. it will be led by the former head of the joint chiefs of staff, admiral mike mullen and former u.s. ambassador thomas pickerring. they will look at security and how four americans, including ambassador chris stevens, were killed in an attack on the anniversary of september 11. american airlines discovers why some of its seats came loose. u.s. soldiers are on the lookout for afghan allies who may be enemies. and why half
will the spanish government have to be bailed out. >> the spanish government is taking very, very courageous measures. whether you look at bank restructuring, whether you look at structural reforms to make to make the spanish economy agile, flexible, able to capture growth, to help people create jobs. they're also taking some fiscal measures in order to reduce their deficit so all of that is hard. but it's courageous. and it needs to be supported. >> pelley: christine lagarde,...
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Sep 28, 2012
09/12
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WGN
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illinois has so many bodies of government that we cannot sustain any more there are always concerned when there are major changes and that's why he came to this first of many public meetings. i think the two village boards can come up with a unique idea and try to present something that obviously will be controversial in needs to be looked at closely but without it we are flat out of options unfortunately. clair to an hills leaders really hope that this consolidation can happen by the summer of 2014 so there are some hurdles to overcome and they're hoping it will take a couple years. >> jimmy johnson says state taxes are taking such a bite out of profits it has them usingmoving part of their headquarters out of state. licensing division is moving to florida the entire company could be out of illinois in about four years. some 1000 corporate or franchise locations. drawing a line in the sands, israel's prime minister has tough words for iran's nuclear program. and the search for jimmy hoffa's remains. ♪ introducing free layaway at kmart. it's a great time to get shopping. copd makes
illinois has so many bodies of government that we cannot sustain any more there are always concerned when there are major changes and that's why he came to this first of many public meetings. i think the two village boards can come up with a unique idea and try to present something that obviously will be controversial in needs to be looked at closely but without it we are flat out of options unfortunately. clair to an hills leaders really hope that this consolidation can happen by the summer of...
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Oct 2, 2012
10/12
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. >> barkeepers in prague are protesting against the government ban. they can no longer sell expensive drinks to tourists -- only beer and wine. no one is happy. >> czechs are angry, really mad. drinking spirits is a national pastime. what do you expect. >> but over 20 people have died. the government had to do something. >> everybody suffers just because a couple of people made a mistake. one person sold a bad batch of spirits, and now 10 million people have to suffer. >> the government is introducing new requirements for seals and proofs of origin. only bottles with approve labels will be allowed for sale and export, but many think moonshiner's will just take the new labels, and the new rules come too late for vladimir. doctors say he will never see again. >> spain's regions were once the symbol of democratic progress. for a long time, the regions are prospering and all was well in spain, but that changed dramatically when the financial crisis hit. now, many regions are on the verge of bankruptcy. today, the number of spaniards who can afford it beac
. >> barkeepers in prague are protesting against the government ban. they can no longer sell expensive drinks to tourists -- only beer and wine. no one is happy. >> czechs are angry, really mad. drinking spirits is a national pastime. what do you expect. >> but over 20 people have died. the government had to do something. >> everybody suffers just because a couple of people made a mistake. one person sold a bad batch of spirits, and now 10 million people have to suffer....
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Sep 27, 2012
09/12
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we have a bind for the government. you've got a recession already, you've got 25% unemployment, you've got a housing crisis which means prices have fallen at least 25% and could fall again. the remedy for the markets is to have more austerity. it's what they have to do to gain the confidence of the markets, to gain the confidence of northern european markets and paymasters, i.e., the germans so they can get the bailout if and when they ask for it on a sovereignty basis. they're trying to preempt conditionality by having extreme austerity. we're talking about possibly getting cuts as much as 30% in agriculture, public works and infrastructure. across the board, and there are real concerns that far from being the remedy this could entrench the recession and make it harder for this country to pull itself out of the mire because there are a lot of things that government doesn't control. it doesn't control the regional budgets of places such as a andalucia and catalonia and the other. of course we had a banking sector crisi
we have a bind for the government. you've got a recession already, you've got 25% unemployment, you've got a housing crisis which means prices have fallen at least 25% and could fall again. the remedy for the markets is to have more austerity. it's what they have to do to gain the confidence of the markets, to gain the confidence of northern european markets and paymasters, i.e., the germans so they can get the bailout if and when they ask for it on a sovereignty basis. they're trying to...
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what we're talki about is what they call officially time, this is time spent by government workers, government union workers working on union issues and not actually doing their worjob. >> 70% of the time they spend on general labor management issues it is not handling grievances or negotiatin a contract. a lot of it has to do with politics, nobody is watching these guys. three-quarter of the time they spend on general labor issues. we found homeland security 62 people do nothing but work on union business full-time. lot of others who work 75%. we don't even know what they'ree doing on the union issues because only 23% in grievances and negotiations. ashley: what impact are they having on the economy? >> do you have an hour? two hours? that is what it is all about. this is where a lot of the money is going, a cycle that is it big scam on the taxpayer. from the union to the elected officials, backed the unions, back to the elected officials, and it is amazing how the money goes. $14 billion, that is the economy of a lot of countries, that is what the union is take in a year. ashley: this is int
what we're talki about is what they call officially time, this is time spent by government workers, government union workers working on union issues and not actually doing their worjob. >> 70% of the time they spend on general labor management issues it is not handling grievances or negotiatin a contract. a lot of it has to do with politics, nobody is watching these guys. three-quarter of the time they spend on general labor issues. we found homeland security 62 people do nothing but work...
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lots of government workers don't want unions. we saw what happened to wisconsin the minute they were able to vote on having a union or not, 50% of them went the union hall. the good ones don't want unions because the unions will not allow them to negotiate with their employer directly, won't allow them to eve even talk to r employer. this private organization called the union fix themselves in the middle taking huge amounts of money. ashley: thank you so much for being here. get better soon. work on the voice, apparently sounds like a frog. the president may have hollywood but mitt romney has the national football league. john elway the latest in a long line of nfl legends backing the g.o.p. candidate. not all liberals are falling in line. ben affleck having second thoughts about obama. really? with the spark cash card from capital one, sven's home security gets the most rewards of any small business credit card! how does this thinwork? oh, i like it! [ garth ] sven's sll business earns 2% casback on every purche, every day! woo-
lots of government workers don't want unions. we saw what happened to wisconsin the minute they were able to vote on having a union or not, 50% of them went the union hall. the good ones don't want unions because the unions will not allow them to negotiate with their employer directly, won't allow them to eve even talk to r employer. this private organization called the union fix themselves in the middle taking huge amounts of money. ashley: thank you so much for being here. get better soon....
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Sep 28, 2012
09/12
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WBAL
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the government says it only does what the courts allow. >>> the producer of the anti-muslim film that infuriated muslims around the world has been arrested, not for the movie, but an alleged violation from a check fraud violation which could mean prison. >>> actor johnny lewis who appeared in the tv show sons of anarchy was found dead thursday in los angeles. he was suspected in the killing of an 81-year-old woman who may have been his landlord. lewis who once dated katy perry either fell or jumped off the roof. >>> nasa is taking a very close look at new photos from mars that show pebbles rounded off. scientists say it may be a sign that water once flowed on the red planet, possibly enough to fill a stream. >>> now here's an early look at how wall street's going to kick off the day. the dow closed at 13,485 after adding 72 points yesterday. the s&p gained 13. the nasdaq climbed 42. taking a look at overseas trading this morning, in tokyo the nikkei dropped 79 points but in hong kong the hang seng was up 78. >>> aggressive budget cutting from one of europe's troubled economies helped
the government says it only does what the courts allow. >>> the producer of the anti-muslim film that infuriated muslims around the world has been arrested, not for the movie, but an alleged violation from a check fraud violation which could mean prison. >>> actor johnny lewis who appeared in the tv show sons of anarchy was found dead thursday in los angeles. he was suspected in the killing of an 81-year-old woman who may have been his landlord. lewis who once dated katy perry...
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Sep 27, 2012
09/12
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WJLA
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china may announce stimulus measures to boost their economy while spain was a government is expected to present their budget for the next year. -- spain's government will present their budget for the next year. on top of jobs, on top of kohl's hiring push, they have created 1500 jobs in 10 states. two new stores will open in the washington area. the burden of student loan debt is getting worse. when you factor in tuition costs and raise borrowing limits, nearly one in five households have student loan debt in 2010. that is more than twice the level compared to 1989. this is according to a report from the pure research center that shows the average that was more than $27,000. more starbucks fans are looking to brew their lattes at home. that is coming up in the hour. >> 4:30 a right now and 56 degrees. >> still to come, bad news >> there has been a decision on pepco's request for a rate increase. if they had approve the entire amount, the typical customer would have to pay $5.20 more each month. instead they will pay about $2.60 more. the rate increase set to take place next month. >>
china may announce stimulus measures to boost their economy while spain was a government is expected to present their budget for the next year. -- spain's government will present their budget for the next year. on top of jobs, on top of kohl's hiring push, they have created 1500 jobs in 10 states. two new stores will open in the washington area. the burden of student loan debt is getting worse. when you factor in tuition costs and raise borrowing limits, nearly one in five households have...
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Sep 28, 2012
09/12
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CSPAN
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i don't think the government will fix health care. they have tried. they are not in a good position. patients can fix health care. they can be empowered based on who performs best. it is the hospitals. hospitals measure their performance and we can make that information public. host: the 25% figure -- is that pretty well accepted, the rate of malpractice or mistakes? guest: i was in denial and angry when i first heard these numbers. i am proud of being a doctor. some studies show is as high as one in three patients. the more we study, the bigger we find the problem to be. think there should be at the mitigation of lawsuits? guest: they are expected complications and part of the procedure consent forms. they occur too frequently. things like people not being told all their options. we need some common-sense malpractice reform for these frivolous claims. 20% to 30% of everything we do are unnecessary -- medications, procedures, taests. 15% of heart stents. these are major studies coming from doctors in those specialties. he should think twice and had a
i don't think the government will fix health care. they have tried. they are not in a good position. patients can fix health care. they can be empowered based on who performs best. it is the hospitals. hospitals measure their performance and we can make that information public. host: the 25% figure -- is that pretty well accepted, the rate of malpractice or mistakes? guest: i was in denial and angry when i first heard these numbers. i am proud of being a doctor. some studies show is as high as...
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Oct 2, 2012
10/12
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CNBC
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. >>> used to seeing the federal debt clock, forget the government. here is a city with 21 billion of red ink just for pen eggses and put residents on in the, we need to fix our things or your property taxes will be tripled. guess which city this is. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education. let's build a strong foundation. let's invest in our teachers so they can inspire our students. let's solve this. hey, it's sandra -- from accounting. peter. i can see that you're busy... but you were gonna help us crunch the numbers for accounts receivable today. i mean i know that this is important. well, both are important. let's be clear. they are but this is important too. [ man ] the receivables. [ male announcer ] michelin knows it's better for xerox to help manage their finance processing. so they can focus on keeping the world moving. with xerox, you're ready for
. >>> used to seeing the federal debt clock, forget the government. here is a city with 21 billion of red ink just for pen eggses and put residents on in the, we need to fix our things or your property taxes will be tripled. guess which city this is. if we want to improve our schools... ...what should we invest in? maybe new buildings? what about updated equipment? they can help, but recent research shows... ...nothing transforms schools like investing in advanced teacher education....
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Sep 25, 2012
09/12
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CNBC
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until now, all the governments involved, uk, u.s. as well as the french and german of course have come up with a lot of yes buts. meaning they're looking at trying to safe guard jobs and also a possible takeover and the golden share offered quite a few days ago, however it could be getting in to problems when it comes into the eu competition wall. so we really have to see. perhaps tomorrow after that meeting, we could see more information. ross. >> all right. thanks for that, patricia. >> want to just quickly sticking with transport, take a look at continental shares, they're down now more than 4% in frankfurt trade, this after the company's major shareholder sold over 20 million shares at a price of about 77.5. a key test for the transport sector and for sentiment around autos in particular. >> merkel says she would like the european court of justice to monitor the fiscal pact. we'll take a short break. still to come, caterpillar's falling, but is it too slow. bob... oh, hey alex. just picking up some, brochures, posters copies of m
until now, all the governments involved, uk, u.s. as well as the french and german of course have come up with a lot of yes buts. meaning they're looking at trying to safe guard jobs and also a possible takeover and the golden share offered quite a few days ago, however it could be getting in to problems when it comes into the eu competition wall. so we really have to see. perhaps tomorrow after that meeting, we could see more information. ross. >> all right. thanks for that, patricia....
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Sep 27, 2012
09/12
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KTVU
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it's expected that the budget will include more government austerity measures. toyota is pushing back sales targets because of the eurozone debt crisis. the japanse automaker is lowering its car sales goal of 1 million down to 822,000 for the year in europe. however, toyota st paris motorss just getting under way. overall car sales in europe are expected to drop 5% this year. the nation's most-watched sport is turning into the most- watched debate. the call that ruled in favor of the seattle seahawks against the green bay packers on monday is still causing outrage. players, fans and critics are pressuring the nfl to bring back referees. the referees' association has been on lockout since the nfl season kicked off. according to the washington post, refs are being offered a 7% pay increase. however, the nfl wants to shift the group's retirement plans from a pension plan to a 401k. the group wants to stick with a traditional pension plan. so far, ratings have not been impacted by the fill-in referees. some predict that until the nfl starts to see an impact on its b
it's expected that the budget will include more government austerity measures. toyota is pushing back sales targets because of the eurozone debt crisis. the japanse automaker is lowering its car sales goal of 1 million down to 822,000 for the year in europe. however, toyota st paris motorss just getting under way. overall car sales in europe are expected to drop 5% this year. the nation's most-watched sport is turning into the most- watched debate. the call that ruled in favor of the seattle...
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to what the government if you're out would be run by the. as julian assange just freedom hangs in the balance of the us is branding both him and his whistle blowing web site as enemies of the state next hour we talk to regularly spokesman kristen happen since who says such government tactics are threaten the very foundation of journalism here's a quick taste of what's to come. this is an indication of missing human documents that have surfaced and were were produced yesterday that show that but communicating with weakening some providing weakens with information in considered is considered communicating with the enemy which is aiding the enemy. we can use the enemy. and what is we can use it's a platform for whistle blower to get information out to the public we are doing what any media organization should be doing we are doing journalism and the implication is that journalism getting the truth of the. considerate. of the enemy. time to get some other news in brief now fresh rallies erupted in pakistan sovereign city of karachi as some of th
to what the government if you're out would be run by the. as julian assange just freedom hangs in the balance of the us is branding both him and his whistle blowing web site as enemies of the state next hour we talk to regularly spokesman kristen happen since who says such government tactics are threaten the very foundation of journalism here's a quick taste of what's to come. this is an indication of missing human documents that have surfaced and were were produced yesterday that show that but...
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Sep 30, 2012
09/12
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CNNW
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some people criticize the service and see it too much of a mix of religion and government. >>> police in middle, tennessee, have a real mystery on their hand. they're searching for a 9-year-old girl and her 7-year-old half brother. they were thought to have sdid in a house fire that killed their grandparents. investigators have found no sign of the children. here is the urgent part, the house fire happened a week ago. the kids have simply vanished. >>> not something you see every day in texas. rescue crews helped stranded drivers after flooding. the past three days brought more rain than texas received all of last year when it suffered through one of its worst droughts in history. today's storms moved east into parts of louisiana and mississippi. they're expected to continue on that path for the next 48 hours. >>> a powerful typhoon is headed for tokyo after smacking the island of okinawa this weekend. typhoon jelawat is expected to hit tokyo tonight. officials are warning people in tokyo to stay inside. at least 145 people were injured in okinawa and other parts of japan. tens of tho
some people criticize the service and see it too much of a mix of religion and government. >>> police in middle, tennessee, have a real mystery on their hand. they're searching for a 9-year-old girl and her 7-year-old half brother. they were thought to have sdid in a house fire that killed their grandparents. investigators have found no sign of the children. here is the urgent part, the house fire happened a week ago. the kids have simply vanished. >>> not something you see...
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merely a sion of the government and now they're trying to change the law so the government often a party in these matters would decide if a case should be heard in secret it wouldn't just be kept from the public if the proposals go ahead neither the defendant nor the defendants legal team would be able to hear the evidence against them human rights lawyers are concerned it would trample on the principle of a fair trial in effect a large chunk and presumably a very important chunk of the case you're trying to run about half your client you're going to be. there we're going to behind closed doors closed sessions you are not allowed access to so if there is an inherent on furnace. and there is a huge scope for. future miscarriages of justice evidence m i five and m i six knew that britons were being tortured in guantanamo and my six helping to deliver libyan dissidents into the hands of gadhafi secret police critics say that's the kind of information the bill is designed to suppress so begg who was held here alleges tortured in fact graham and guantanamo has a special interest in making sur
merely a sion of the government and now they're trying to change the law so the government often a party in these matters would decide if a case should be heard in secret it wouldn't just be kept from the public if the proposals go ahead neither the defendant nor the defendants legal team would be able to hear the evidence against them human rights lawyers are concerned it would trample on the principle of a fair trial in effect a large chunk and presumably a very important chunk of the case...
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Sep 26, 2012
09/12
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CSPAN
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government. i say there is an urgent need for a new global economic government, centered on people and aiming at consolidating cooperation between partners and development on the basis of mutual benefit and interest. mr. president? , i have laid before you our position, a vision shared by the egyptian people. i have also attempted to briefly outline egyptian views on the main issues, the divisions of the young and children, the women and the men in egypt, on all important questions in the middle east and the rest of the world. i am sure that the united nations is capable of addressing all global and regional challenges through dialogue and joined corporations in accordance with the principles of international law. egypt will spare no effort in dealing sincerely with all the members of this organization. we will always remain at the forefront of international endeavor, achieving freedoms and dignity for all people as well as social justice to all peoples including security and stability for all ou
government. i say there is an urgent need for a new global economic government, centered on people and aiming at consolidating cooperation between partners and development on the basis of mutual benefit and interest. mr. president? , i have laid before you our position, a vision shared by the egyptian people. i have also attempted to briefly outline egyptian views on the main issues, the divisions of the young and children, the women and the men in egypt, on all important questions in the...
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Sep 25, 2012
09/12
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government. let me introduce them. i would like to welcome david brockway of the joint committee on taxation. during the process leading up to the enactment of tax reform act of 1986 and currently a partner in washington. second we will hear from larry lindsey of the lindsey group who served as director of the national economic council and the governor on the board of the federal reserve. third we will hear from the leonard burman the personal professor of public affairs at the maxwell school. dr. burman is former director of the urban and brooking stacks policy center. then we will hear from david verrill, founder and managing director of public angels investment group in massachusetts who recently assumed role of chairman of the angel capital association and finally we will hear from william stanfill, general partner of the integra capital income fund and trail head ventures. mr. stanfill has been in the investment business for 40 years. thank you for being with us today. the committee received
government. let me introduce them. i would like to welcome david brockway of the joint committee on taxation. during the process leading up to the enactment of tax reform act of 1986 and currently a partner in washington. second we will hear from larry lindsey of the lindsey group who served as director of the national economic council and the governor on the board of the federal reserve. third we will hear from the leonard burman the personal professor of public affairs at the maxwell school....
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last ten years were meant to create growth meant to create jobs in some form or another so somehow governments are going to miraculously do that i don't think so i think we need to step back i think with one thing we have to do is probably fix the banking system which probably means huge write downs existing shareholders take a beating and start making the people who got in this trouble the banks and particular bear more of the pain and have less of it go out of the people certainly in the short term peter if i can say to you so you're saying there should be financial reform banking reform thinking about people ok not just about those institutions because that's what it's been so far. right i think you know there's been this huge denial that the problems at the banks and then every time we get these brief moments where the markets are good they pull back from recapitalizing the banks they really just have to go through recapitalize the banks for some of the weakest ones out it will cause huge losses for shareholders it will cause some people you know at high levels their jobs but i think that'
last ten years were meant to create growth meant to create jobs in some form or another so somehow governments are going to miraculously do that i don't think so i think we need to step back i think with one thing we have to do is probably fix the banking system which probably means huge write downs existing shareholders take a beating and start making the people who got in this trouble the banks and particular bear more of the pain and have less of it go out of the people certainly in the...
SFGTV2: San Francisco Government Television
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Oct 1, 2012
10/12
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SFGTV2
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, the state governmentç, the local government, theç tribes. you also have to work with the nonprofits, red cross, salvation army, many more. you have to bring in the faith- based community. it is huge what they are able to doç on a daily basis with a sml emergency. it may be in somebody's home unfortunately caught on fire. it is a disaster to them. ççwho is thereç during the dr for that family? it is the city. it is the red cross. the salvation army, the local church, synagogue,ç mosqueç, whatever. the faith based community is there to help the mountçç -- o help them out. when things are little bigger, who else is there? neighbors helping neighbors. ças it gets a little bigger, or even if it is a small house fire, in the neighborhoods of this city and neighborhoods across the country, if something çhappens, there is usually a local business that knows the family and been dealing with for a while and says that will help them out in some way or another. i remember last year i was traveling in the floods of north dakota. there
, the state governmentç, the local government, theç tribes. you also have to work with the nonprofits, red cross, salvation army, many more. you have to bring in the faith- based community. it is huge what they are able to doç on a daily basis with a sml emergency. it may be in somebody's home unfortunately caught on fire. it is a disaster to them. ççwho is thereç during the dr for that family? it is the city. it is the red cross. the salvation army, the local church, synagogue,ç...
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the government is there for us to do and have a variety of. you know. it's up to but once hollywood made love a happy ending the reality is the young people in london right now that might be a little hard to come by surface r.t. london time to take a look at some other news in brief now fresh rallies erupted in pakistan southern city of karachi yes thousands of protesters a year was made a film that marks the movie has sparked an unprecedented wave of violence throughout the middle east and northern africa after. parts of it were broadcast on egyptian t.v. three weeks ago at least fifty one people have been killed in clashes including the u.s. ambassador in libya. in northern ireland thirty thousand people have marched peacefully through the heart of belfast marking the centenary of voters turned up the opposition to irish home rule police were on high alert as the last event on the scale triggered three nights of disturbances in the city and sore scores arrested a protestant to gatwick tensions are sparked riots almost every year during the so-called m
the government is there for us to do and have a variety of. you know. it's up to but once hollywood made love a happy ending the reality is the young people in london right now that might be a little hard to come by surface r.t. london time to take a look at some other news in brief now fresh rallies erupted in pakistan southern city of karachi yes thousands of protesters a year was made a film that marks the movie has sparked an unprecedented wave of violence throughout the middle east and...
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to be lenient as well as other western governments have said that they need to find a punishment that is more fitting to the crime of what they say is more fitting to the crime there's also been many copycat incidents around russia as well as in other countries as well in ukraine one woman took a chainsaw to a crucifix and destroyed it in a cologne germany and. seadrill there are three people got up in the middle of the service and had a protest there they were arrested their trial starts this week as well also brought in russia this country is very divided about the subject as seen here today this country is a very religious country and many people were offended by what happened in the country's main church even saying that some of pussy riot earlier antics were very offensive as well now prime minister medvedev has said that he doesn't see any reason for this group to spend any more time in jail that the time that they have served is already punishment enough for the crime but president putin has said that he is completely staying out of this he does not want to interfere at all now
to be lenient as well as other western governments have said that they need to find a punishment that is more fitting to the crime of what they say is more fitting to the crime there's also been many copycat incidents around russia as well as in other countries as well in ukraine one woman took a chainsaw to a crucifix and destroyed it in a cologne germany and. seadrill there are three people got up in the middle of the service and had a protest there they were arrested their trial starts this...
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Sep 28, 2012
09/12
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. >> i know the government of the united states is quietly talking japan and china. we have failed our growing relationship with china. >> amitage view reflects growing concern among american officials. the u.s. government remain a neutral stance. because japan controls the territory japan u.s. security treaty extends to the islands. chinese vessels have been navigating the waters around the island. japan coast guard crews have been keeping an eye on them. obviousers fear an absence of dialogue and the crisis mechanism could lead to unintended consequences which could mean the united states would not be able to stay neutral. >> japan and china are said to mark 40 years. organizers have cancelled a number of events. government officials celebrated the friendship year for japan china people to people exchanges. as of thursday 29 events in both countries have been cancelled or postponed. japan airlines reports that about 12,000 seats for its group tour bookings have been cancelled. some car dealerships in china have scrapped their plans to display japanese vehicles at a
. >> i know the government of the united states is quietly talking japan and china. we have failed our growing relationship with china. >> amitage view reflects growing concern among american officials. the u.s. government remain a neutral stance. because japan controls the territory japan u.s. security treaty extends to the islands. chinese vessels have been navigating the waters around the island. japan coast guard crews have been keeping an eye on them. obviousers fear an absence...
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Sep 30, 2012
09/12
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henry david thoreau said the government that governs is the best. the least government you can have is no government, so i have that kind of what may be called by some utopian view. most libertarians i know if they were in power and they were able to establish the minimum government that they want to put into power, i would hang up my anarchist credentials, i'd go in my backyard, and i would grow tomatoes for the rest of the year. i'd love that. so i don't have much of an argument with most libertarians. i'd love to see their government. in -- if they saw me, they wouldn't see me again. >> host: wendy mcelroy, in the back of this book is an invitation. what is this? >> guest: it's something i'm very excited about. um, if you go to the site lfb.org joined wendy mcelroy, you'll find a community of people. it's a fledgling community with people like me and jeb tucker. we're trying to find out how to live liberty. we are tired, as i said, about being depressed. we're tired about looking at the state and railing and raising our fists and saying pick a go
henry david thoreau said the government that governs is the best. the least government you can have is no government, so i have that kind of what may be called by some utopian view. most libertarians i know if they were in power and they were able to establish the minimum government that they want to put into power, i would hang up my anarchist credentials, i'd go in my backyard, and i would grow tomatoes for the rest of the year. i'd love that. so i don't have much of an argument with most...
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Sep 26, 2012
09/12
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FOXNEWS
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that's why a coalition of countries is holding the iranian government accountable. that's why the united states will do what we must to prevent iran from obtaining a nuclear weapon. >> the president's remarks came as anti-american protests raged overseas. he told world leaders that now is the time to figure out why things are so tense between the arab world and the west. but that even if an american made movie upsets a certain group of people, free speech will always be protected and valued in this country. >> let me be clear just as we can not solve every problem in the world, the united states has not and will not seek to dictate the outcome of democratic transitions abroad. >> so president obama will not tell protesters abroad to stop doing what they're doing. but he says he will continue to speak out forcefully against violence and extremism. back to you in new york. >> gretchen: peter doocy, thanks very much for that update. in the speech he still didn't call libya a terrorist attack. it's interesting to me that the obama administration and the spokesperson fin
that's why a coalition of countries is holding the iranian government accountable. that's why the united states will do what we must to prevent iran from obtaining a nuclear weapon. >> the president's remarks came as anti-american protests raged overseas. he told world leaders that now is the time to figure out why things are so tense between the arab world and the west. but that even if an american made movie upsets a certain group of people, free speech will always be protected and...
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have been a number of cases where the government has tried to shut down court hearings these proposals if their policy will sweep away hundreds of millions of british legal tradition we look at how the british government is considering new legislation which critics say is simply to hide its involvement in wrongdoing such as present torture that's coming your way after the spring. looking at some drugs you simply do not believe they come speak and good news how they can wrong oh. it's an international sled dog race with those driving the dogs. coming from as far away as a strength in canada and the us i come to russia and everybody is so very friendly they welcomed me with open arms and the scenery is so beautiful it's very much like a laska and so i felt at home the first sled dog was brought here from australia now astray and come to this remote ration village to take part in the race it's not surprising they love it this trail are amazing but even more amazing is the story of how racing first started here atoll it wasn't the top. grazing who set the trail ablaze but a nun and for all
have been a number of cases where the government has tried to shut down court hearings these proposals if their policy will sweep away hundreds of millions of british legal tradition we look at how the british government is considering new legislation which critics say is simply to hide its involvement in wrongdoing such as present torture that's coming your way after the spring. looking at some drugs you simply do not believe they come speak and good news how they can wrong oh. it's an...
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unable to govern ourselves. unable to govern ourselves. tracy: your company tried to instill them. >> we continue to work with epa and others to work with issues that come out with rules that is difficult for the industry to meet. the timetables, the retirement of coal-fired generations in this country are dpdificult to o from the timing perspective. and that will happen after the election. tracy: you are at this commit for where ceo policymakers are discussing big ississus. crony capitalism and corporate governance and they feel the need to step in because corporate governance is being ignored and crony capitalism exists. >> clearly incumbent on us to let the corporations continissuo produce jobs in this country. from a government standpoint ssusommon-sense regulations and common sense approaches and legislation that makes sense. for two parties to come together and produce an environment where business can proper -- tracy: energy security is something you are talking about. the obama administration has done ev
unable to govern ourselves. unable to govern ourselves. tracy: your company tried to instill them. >> we continue to work with epa and others to work with issues that come out with rules that is difficult for the industry to meet. the timetables, the retirement of coal-fired generations in this country are dpdificult to o from the timing perspective. and that will happen after the election. tracy: you are at this commit for where ceo policymakers are discussing big ississus. crony...
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looking at pictures from the first major general strike and protest in greece since its new coalition government was formed this was reportedly organized by civil service and other public sector unions over fresh wage and pension cuts higher fuel taxes and planned job cuts for public workers there was some tear gas some arrests what we've really come to expect now. in spain as i was say you're looking at pictures now protests against what's tapped publicly popularly as austerity this is outside barricaded parliament in madrid walls banished government bond yields i should mention above six per cent so all of these demonstrations of dissent belie politicians solutions for the eurozone crisis which hinge on integration and more issues lend evidence to a mood of disintegration let me give you another example immigration not just the human capital flight out of say greece into another girl's own country with more opportunity for jobs i'm talking about immigration into the euro zone from other countries and continents facing conflicts of their own be the civil war or arab spring uprisings and greece
looking at pictures from the first major general strike and protest in greece since its new coalition government was formed this was reportedly organized by civil service and other public sector unions over fresh wage and pension cuts higher fuel taxes and planned job cuts for public workers there was some tear gas some arrests what we've really come to expect now. in spain as i was say you're looking at pictures now protests against what's tapped publicly popularly as austerity this is outside...
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Sep 28, 2012
09/12
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KQED
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the government says growth will return next year. others say the government has missed an opportunity to reduce state spending and make it easier to hire and fire workers. today's budget hearing reflects a deeper unresolved problem with the eurozone. as we have seen, other countries like spain and greece have been struggling to reduce spending even while their economies are weak or in recession. >> and other things europeans might envy in brazil, they have so much money in the government that response to the slowdown is a stimulus package that has been announced. in other news, ahead of britain posting a financial watchdog has announced a reform to the setting of libor, the benchmark interest rate. the review was commissioned after a fine was imposed on barclays for trying to rig the rate. now to nepal where a plane has crashed killing all 19 people on board. the aircraft caught fire within two minutes before taking off. it is the second fatal accident this year and once again the country's safety record is in the spotlight. >> a jou
the government says growth will return next year. others say the government has missed an opportunity to reduce state spending and make it easier to hire and fire workers. today's budget hearing reflects a deeper unresolved problem with the eurozone. as we have seen, other countries like spain and greece have been struggling to reduce spending even while their economies are weak or in recession. >> and other things europeans might envy in brazil, they have so much money in the government...
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the government is there for us to do and have a variety of. you know. different. sectors but what's hollywood may love a happy ending the reality is the young people in london right now that might be a little hard to come by surface r.t. london. to georgia now where tens of thousands of opposition activists have massed in the capital tbilisi as their last big demonstration before monday's decisive parliamentary elections the opposition is looking to wrest some seats away from president saakashvili is ruling party united national movement controls i merely eighty percent of the parliament and still in the polls that's just by this campaign having been hit hard by corruption allegations and a prison abuse scandal footage emerged last week it supposing the mistreatment of inmates by guards at one of the country's jails to cabinet ministers step down and thousands demonstrated to demand action now stay with our chief for the latest comprehensive coverage of the georgian parliamentary elections. the united states has removed a militant iranian opposition group from its
the government is there for us to do and have a variety of. you know. different. sectors but what's hollywood may love a happy ending the reality is the young people in london right now that might be a little hard to come by surface r.t. london. to georgia now where tens of thousands of opposition activists have massed in the capital tbilisi as their last big demonstration before monday's decisive parliamentary elections the opposition is looking to wrest some seats away from president...
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Sep 26, 2012
09/12
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WTTG
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the protesters are demanding new elections, criticizing the government cutbacks and tax hikes as well. more protests are expected today. >>> this morning investigators are trying to determine what led to a shooting that left a sheriff's deputy and a suspect in san diego. they're following up on a suspect in a child abuse case. as soon as they approached the suspect, there were reports of shots fired. all three were taken to the hospital for surgery. >>> today more than a million people across new zealand took part in an earthquake drill. that exercise is designed to teach people to find cover and hold on to something stable when a quake strikes. that drill was held at schools, the zoo, parliament, and airports. new zealand is hit by thousands of quakes each year, most of them minor. in february of last year, a 6.3 magnitude quake hit the city of christchurch, killing 185 people. >>> 5:21. time for weather and traffic on the ones. storm team 4 meteorologist veronica johnson is here with our forecast for today. is it going to be a nice one, veronica? >> it's not going to be a bad day to
the protesters are demanding new elections, criticizing the government cutbacks and tax hikes as well. more protests are expected today. >>> this morning investigators are trying to determine what led to a shooting that left a sheriff's deputy and a suspect in san diego. they're following up on a suspect in a child abuse case. as soon as they approached the suspect, there were reports of shots fired. all three were taken to the hospital for surgery. >>> today more than a...
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the government is there for us to do and have a variety of. different. perspectives but whilst hollywood may love a happy ending the reality is for young people in london right now that might be a little hard to come by surface r.t. london. that's you update for now in just a few minutes r.t. talks to allister crook director of the conflicts forum in beirut all the empty american the rest of the across the arab world. the. motion would be soon which brightened if you knew about someone from phones to christians. please for instance on t.v. dot com. courageous and creative. elegance and full and both public speaking. her up front costs a few european bodybuilders against millions of which immigrants. her kids may not seem so serious now. but this could be a real threat to more. european extremists. on the. wealthy british style. spot on. the. market why not come to find out what's really happening to the global. economy with much stronger the no holds barred look at the global financial headlines to cause a report on our. lead. overcoming a barrier like t
the government is there for us to do and have a variety of. different. perspectives but whilst hollywood may love a happy ending the reality is for young people in london right now that might be a little hard to come by surface r.t. london. that's you update for now in just a few minutes r.t. talks to allister crook director of the conflicts forum in beirut all the empty american the rest of the across the arab world. the. motion would be soon which brightened if you knew about someone from...
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Sep 28, 2012
09/12
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KICU
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government ministry faces an average 9% budget cuts and public worker salaries will be frozen. convince creditors that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial climbed 72 points. nasdaq added 42 points. >>> first step into e-commerce, the new service called gift. memo park company launched gift with select vendors today. new users will be able to click on ipod and send a friend a gift card, chocolates or other real-life presents. it'll also remind you about events such as birthdays or weddings. >>> a week-long celebration will culminate in san francisco tomorrow night. david stevenson tells us how thousands of cyclists are set to take over the streets. >> critical mass cyclists are rolling in san francisco from around the country and around the world to
government ministry faces an average 9% budget cuts and public worker salaries will be frozen. convince creditors that it will continue to reduce an $81 billion deficit. spain may soon seek health from the yur neen central bank. >>> u.s. economic news, first-time unemployment benefits dropped. it's the lowest level we've seen in nine weeks and a sign hiring may be picking up. four-week average new jobs fell to 174,000. the market a double dose of economic news. the dow jones industrial...
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popularly as austerity this is outside a barricade in parliament in madrid while spanish government bond yields i should mention broke above six per cent so all of these demonstrations of dissent belie politicians solutions for the eurozone crisis which hinge on integration and more issues lend evidence to a mood of disintegration let me give you another example immigration not just the human capital flight out of say greece into another girl's own country with more opportunity for jobs i'm talking about immigration into the euro zone from other countries and continents facing conflicts of their own be they civil war or arab spring uprisings and greece is again take a look at this the rise in a legal border crossings. into greece so in two thousand and eleven the number of people entering the e.u. illegally was up thirty five percent from the prior year that's according to the e.u.'s border control agency as reported by our next guest and forty percent of those came through greece now earlier i spoke with greek journalist matina with the dow jones of wall street journal she's been coveri
popularly as austerity this is outside a barricade in parliament in madrid while spanish government bond yields i should mention broke above six per cent so all of these demonstrations of dissent belie politicians solutions for the eurozone crisis which hinge on integration and more issues lend evidence to a mood of disintegration let me give you another example immigration not just the human capital flight out of say greece into another girl's own country with more opportunity for jobs i'm...
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Oct 2, 2012
10/12
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is this what the government parties were elected to do? >> the troika resumed their talks with greek officials today. within about 90 minutes, they had not exactly broken down but the troika told the finance ministry officials that the figures did not add up. they did not believe nearly 20% of the cuts were achievable. it went from the finance ministry to the meeting with the prime minister, samaris. this has, so far, followed a familiar pattern. >> what kind of response can be expect from the greek people? >> you'll start to see a step up in trade union protests, other protests, for a start. the power workers have said they will start rolling strikes of up to 48 hours very soon. >> thank you very much for that update. >> the ranks of the jobless continue to swell in europe as the economic crisis in -- crisis in the eurozone refuses to go away. the statistics show a record 11.4% of the work force is searching for a job. that is 18.2 million people. there is no relief in sight. >> workers in greece and spain have been hardest hit by the dee
is this what the government parties were elected to do? >> the troika resumed their talks with greek officials today. within about 90 minutes, they had not exactly broken down but the troika told the finance ministry officials that the figures did not add up. they did not believe nearly 20% of the cuts were achievable. it went from the finance ministry to the meeting with the prime minister, samaris. this has, so far, followed a familiar pattern. >> what kind of response can be...
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government obligations and in cash and cash equivalents including shares of. money market funds so let's put the pieces together because this is all like legally after all so t l t can lend up to a third of its total assets in cash and then invest that cash in things like money market funds and i should know this is something you could only find out by reading this statement of additional information a supplement to the prospectus ok so we have that thirty three point three percent then the fund can also invest up to five percent of its assets in repose cash in money market funds so let's get this straight up to thirty eight point three three percent of assets can be put in the money market now let's see what this looks like in reality back to the prospectus well what do you know one gold thirty six point zero one percent of the twenty year plus t l t treasury bond fund is invested in money market funds now there isn't necessarily a problem with money market funds but this is certainly an area of additional risk especially if you thought the underlying assets
government obligations and in cash and cash equivalents including shares of. money market funds so let's put the pieces together because this is all like legally after all so t l t can lend up to a third of its total assets in cash and then invest that cash in things like money market funds and i should know this is something you could only find out by reading this statement of additional information a supplement to the prospectus ok so we have that thirty three point three percent then the...
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Sep 29, 2012
09/12
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FBC
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>> i wish we were paid fully by government but of course in times of tight government budgets we're not. we have a performance based contract with new york city which provides 2/3 of the cost. so we're a public/private partnership. and we really rely on the private part of that partnership to make that extra third. melissa: you know it is a really interesting experiment. we're always looking at ways to save taxpayer dollars and do a better job with these programs at the same time which seems to be what you're doing. thanks for coming on the show. >> thank you for having me. melissa: you remember the woman who paid seven bucks at a flea market for a $100,000 renoir. turns out her find is too good to be true. we'll explain that many coming up in spare change. you can never have too much money. ♪ . melissa: it is time for a little fun with spare change. today we're joined by two fabulous attorneys. remi spencer, joey jackson. thanks for joining us guys. always fun on a friday. >> would not miss it. melissa: all right. we're starting with the money spare change update. you remember the wo
>> i wish we were paid fully by government but of course in times of tight government budgets we're not. we have a performance based contract with new york city which provides 2/3 of the cost. so we're a public/private partnership. and we really rely on the private part of that partnership to make that extra third. melissa: you know it is a really interesting experiment. we're always looking at ways to save taxpayer dollars and do a better job with these programs at the same time which...